Negative Interest

1-2 of 2 Articles
Clock icon 1 minute

AIB will no longer apply so-called negative interest rates to accounts with holding balances of over €1 million following the European Central Bank's decision to raise interest rates to tackle inflation. Solicitor client accounts were among those affected by the introduction of negative interes

Clock icon 2 minutes

Controversial plans to apply so-called negative interest rates to solicitor client accounts "seem punitive", the Taoiseach has said. The Law Society of Ireland has been campaigning since February against plans by Bank of Ireland and AIB to include solicitor client accounts among those which they are

1-2 of 2 Articles